Agriculture

Global Apiculture market to grow at CAGR 2.7% by 2022

Increasing inclination towards healthy food, growing demand for sustainable living and environmental issues are the factors favouring the Apiculture market growth

Global Apiculture market to grow at CAGR 2.7% by 2022

The Global Apiculture (also known as beekeeping) Market is expected to grow at a compound annual growth rate (CAGR) of 2.7 percent during the period 2015 to 2022. Increasing inclination towards healthy food, growing demand for sustainable living and environmental issues are the factors favouring the market growth, a study conducted by ReportsWeb has said.

However, protection of bees and maintenance of their health for good quality production of honey are the restraining factors for Apiculture market. Based on products, live bees segment is likely to acquire the highest market share during the forecast period due to their importance in pollination in the agricultural fields. In 2014, Food and beverages segment dominated the apiculture applications market by accounting for more than 80 percent of revenue in global Apiculture market.

Some of the key players in the global Apiculture market include Honeybee Enterprises, Dabur India Limited, Betterbee, Inc., Arnold Honeybee Services, EURL Atlantic Apiculture, Bartnik, LLC., Mann Lake, Miller’s Honey Company, Sarl Luberon Beekeeping, Beehive Botanicals, Inc., Thomas Apiculture SAS, Shandong Bokang Apiculture Co, Chengdu Feng’s Apiculture Co, Seldom Fools Apiculture and Tiwana Bee farm.

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